TENON

[theace]

So how much do we get back per share, now the sale has gone through?

[ari]

So how much do we get back per share, now the sale has gone through?

https://www.nzx.com/files/attachments/257217.pdf

[theace]

Sale - If I had 200 shares initially then, NZ$3.8036 per share .... I'll get $3803.60 with 1000 shares remaining due to cancellation.

Capital Return - NZ$0.336 per share post- cancellation .... I'll get $336.

Surplus Cash - (Potenitally) NZ$0.44 per share ... I'll get $440.

So a total of $4579.60 .... have I got this right?

[t.rexjr]

Sale - If I had 200 shares initially then, NZ$3.8036 per share .... I'll get $3803.60 with 1000 shares remaining due to cancellation.

Capital Return - NZ$0.336 per share post- cancellation .... I'll get $336.

Surplus Cash - (Potenitally) NZ$0.44 per share ... I'll get $440.

So a total of $4579.60 .... have I got this right?

Nope, all you'e got left is the potential 0.44cps after the $3803.60 capital return (equates to roughly $2.12 p/s prior to sale)

[Puriri Pete]

With the six month countdown to the liquidation of Tenon now underway I'm wondering whether there is any value in an NZX-listed shell company these days? Will it be euthanasia or reincarnation for TEN?